
The Insurance Mathematics (Actuarial Science) course aims to provide students with a solid understanding of the theoretical and quantitative foundations of actuarial science applied in the insurance sector. The course introduces the concept, principles, assumptions, and objectives of actuarial studies, along with the fundamentals of financial mathematics such as simple and compound interest, present value, and future value.
It also focuses on actuarial applications in insurance through the calculation of net and commercial premiums for life insurance and general insurance contracts, in addition to risk analysis and probability assessment of future events. The course further addresses insurance valuation and pricing by modeling the relationship between incidents and claims, as well as forecasting potential crises and defaults in the insurance industry.
This course enables students to acquire advanced analytical and quantitative skills necessary for decision-making in insurance, risk management, and financial planning.
R, BENZID
- Teacher: Rabia BENZID